RCP Procedure definition
Examples of RCP Procedure in a sentence
This RCP Procedure is entered into pursuant to the RDA dated July 7, 2004 between Midland Cogeneration Venture Limited Partnership (“MCV”) and Consumers Energy Company (“CECo”).
This RCP Procedure is entered into pursuant to the RCA dated February 12, 2004 between Midland Cogeneration Venture Limited Partnership (“MCV”) and Consumers Energy Company (“CECo”).
In constructing the Coal Dispatch, the Ludington Plant is incorporated as per RCP Procedure 1.
The purpose of this RCP Procedure is to describe the content and timing of information to be exchanged between the Parties in order to establish Mitigated Dispatch estimates and also to establish a method to modify the Gas Price to reflect deviations between the estimates and the final Mitigated Dispatch amount.
Resolution of any dispute involving an error other than an error in the determination of CECo’s owned Resource Incremental Cost per RCP Procedure 1, will be settled in accordance with Section 18 of the PPA.
Such settlement shall be the total of (i) the Hold Harmless Payment determined pursuant to the RCA, (ii) the Capacity Cost Recovery Amount pursuant to Section 3, (iii) the RESA pursuant to Section 4, and (iv) CECo’s share of the Net Benefits determined pursuant to the RDA which includes (v) the determination of the sharing of NOx allowances pursuant to RCP Procedure 3.
The purpose of this RCP Procedure is to establish the No-Dispatch Zones for purposes of the RDA and RCA.
In constructing the Hypothetical System Dispatch, the Ludington Plant is incorporated as per RCP Procedure 1.
The conversion of gas to MWh in this RCP Procedure 5 shall be based on the heat rate determined pursuant to RCP Procedure 6.
For the purposes of this RCP Procedure 1, “short term purchases” means all hourly, balance of day, day-ahead (e.g., 1 day x 16 hours), balance of week (e.g., on-peak — up to 4 days, off-peak and round the clock – up to 6 days) and all dispatchable energy and capacity purchases.